Heinz Can Add Flavor to a Portfolio

Shares of the processed-food giant will be helped with strong international growth and a solid dividend.

KETCHUP MAY BE ONE OF America's favorite condiments, but it is also making inroads in China, Russia and Latin America.

That's good news for H.J. Heinz (ticker: HNZ), which got 15% of its total corporate revenue from sales to emerging markets in fiscal 2010 (ended in April) and plans to drive top-line growth with sales of products such as ketchup, nutritional drinks and infant formula to these and other developing regions.